Waiting for a policy break

It has truly been a long wait for a policy break by the government for both India Inc and foreign investors. It was hoped that the government will act after the elections in Uttar Pradesh and then, after the Presidential election. Now, with the new finance minister taking over, the hopes have revived. The challenges of fast-tracking the reforms in the prevailing environment are formidable, but Mr Chidambaram has all the credentials to meet them.

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